GBP/EUR Is 1% Up In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.59% for the last 21 sessions. At 13:10 EST on Friday, 19 May, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 6.548% up from its 52-week low and 3.904% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.14%, and 0.27%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.26% (last month), and 0.27% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/EUR’s Forex is considered to be oversold (<=20).

News about

  • Usd/jpy prods five-day uptrend above 136.00 on upbeat Japan gdp, receding US default fears. According to FXStreet on Wednesday, 17 May, "It should be noted that the Bank of Japan (BoJ) officials have been defending easy money policy and hence keeping the monetary policy divergence between the Fed and the BoJ intact, which in turn propel the USD/JPY prices.", "Unless dropping back below the early-month top surrounding 135.50, the USD/JPY remains capable of marking another attempt in crossing the 200-DMA hurdle of around 137.10."
  • Usd/jpy price analysis: climbs above 136.50 despite upbeat Japan’s GDP. According to FXStreet on Wednesday, 17 May, "The USD/JPY pair has resumed its upside journey after a marginal correction below 136.50 in the Asian session. ", "This would drag the USD/JPY pair towards May 11 high at 134.84 followed by May 11 low at 133.74."
  • Usd/jpy hits two-week high on solid US data, improved US debt ceiling talks. According to FXStreet on Wednesday, 17 May, "The US debt ceiling theme continues to grab USD/JPY traders’ attention, though a negotiation improvement calmed investors’ nerves. ", "Additionally, if surpassed, a six-month-old resistance trendline passes around that area, which could pave the way for the USD/JPY to test the November 30 high at 139.89 before testing 140.00. "

More news about GBP/EUR (GBPEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *